LISTED PRICE |
4,175,000$ |
4,175,000$ |
4,175,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 4,175,000$ | 100% | 4,175,000$ | 100% | 4,175,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
4,175,000$ |
100% |
4,175,000$ |
100% |
4,175,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
3,375,000$ |
80.8% |
2,925,000$ |
70.1% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 3.9% | 3.9% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 13,831$ | 11,987$ | 0$ | |||
| Interest Cost | 129,934$ | 112,609$ | 0$ | |||
| Capital Payment | 36,039$ | 31,234$ | 0$ | |||
| Annual Mortgage Cost | 165,973$ | 143,843$ | 0$ | |||
2nd MORTGAGE AMOUNT |
0$ |
0% |
0$ |
0% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | ||||||
| Rate | ||||||
| Amortization | ||||||
| Term | ||||||
| Expiry Date | ||||||
| Monthly Payment | 0$ | 0$ | 0$ | |||
| Interest Cost | 0$ | 0$ | 0$ | |||
| Capital Payment | 0$ | 0$ | 0$ | |||
| Annual Mortgage Cost | 0$ | 0$ | 0$ | |||
CASH TO PURCHASE |
800,000$ |
19.2% |
1,250,000$ |
29.9% |
4,175,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 188,965$ | 188,965$ | 188,965$ | |||
| Mortgage Annual Cost | 165,973$ | 143,843$ | 0$ | |||
| Cash Flow | 22,992$ | 45,122$ | 188,965$ | |||
| Capital Reimbursement | 36,039$ | 31,234$ | 0$ | |||
| Cash Flow + Capital | 59,031$ | 76,356$ | 188,965$ | |||
| Return on Cash Flow | 2.87% | 3.6% | 4.52% | |||
| Return on Investment | 7.37% | 6.1% | 4.52% | |||
| G.R.M. | 16.86 | 16.86 | 16.86 | |||
| N.R.M. | 22.09 | 22.09 | 22.09 | |||
| Cap. Rate | 4.52% | 4.52% | 4.52% | |||
| Debt Coverage | 1.14 | 80.8% | 1.31 | 70.1% | 0 | 0% |
| - Option 1: New CMHC MLI Select financing 50 points with the energy efficiency criteria. - Option 2: New regular CMHC financing. |
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